Keystone Wealth Services LLC Lowers Stock Holdings in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG)

Keystone Wealth Services LLC reduced its position in Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG) by 49.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,660 shares of the company’s stock after selling 23,363 shares during the quarter. Keystone Wealth Services LLC’s holdings in Invesco S&P 500 Top 50 ETF were worth $1,182,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. US Bancorp DE increased its stake in Invesco S&P 500 Top 50 ETF by 22.8% during the 3rd quarter. US Bancorp DE now owns 23,939 shares of the company’s stock worth $1,138,000 after buying an additional 4,441 shares during the period. Focus Financial Network Inc. grew its stake in shares of Invesco S&P 500 Top 50 ETF by 7.3% in the third quarter. Focus Financial Network Inc. now owns 14,642 shares of the company’s stock worth $696,000 after acquiring an additional 999 shares in the last quarter. Lansing Street Advisors increased its position in shares of Invesco S&P 500 Top 50 ETF by 12.5% during the third quarter. Lansing Street Advisors now owns 8,955 shares of the company’s stock worth $426,000 after acquiring an additional 997 shares during the period. KG&L Capital Management LLC increased its position in shares of Invesco S&P 500 Top 50 ETF by 15.2% during the third quarter. KG&L Capital Management LLC now owns 18,074 shares of the company’s stock worth $859,000 after acquiring an additional 2,389 shares during the period. Finally, Centennial Bank AR raised its stake in shares of Invesco S&P 500 Top 50 ETF by 222.7% in the third quarter. Centennial Bank AR now owns 7,100 shares of the company’s stock valued at $337,000 after acquiring an additional 4,900 shares in the last quarter.

Invesco S&P 500 Top 50 ETF Price Performance

XLG opened at $49.62 on Monday. The business has a fifty day moving average price of $50.66 and a 200 day moving average price of $48.99. Invesco S&P 500 Top 50 ETF has a 12 month low of $39.75 and a 12 month high of $51.80. The stock has a market capitalization of $8.92 billion, a price-to-earnings ratio of 29.57 and a beta of 1.01.

Invesco S&P 500 Top 50 ETF Profile

Guggenheim Russell Top 50 Mega Cap ETF (the Fund), formerly Rydex Russell Top 50 ETF, seeks to replicate as closely as possible the performance of the Russell Top 50 Index (the Index). The Index is an unmanaged capitalization-weighted index consisting of the 50 largest companies in the Russell 3000 Index.